Dasra and Bain & Company Release 15th Edition of India Philanthropy Report (IPR) 2025. National | Dated: 06 Mar 2025 In February 2025, Dasra, a venture philanthropy firm based in Mumbai (Maharashtra), and Bain & Company, Inc., a global management consulting firm based in the United States, released the 15th edition of the India Philanthropy Report (IPR) 2025. 🎯 Key Highlights: - The report revealed that private funding in India’s social sector is expected to grow annually by 10% to 12% over the next five years. This growth is mainly driven by family philanthropy from Ultra-High-Net-Worth Individuals (UHNIs), High-Net-Worth Individuals (HNIs), and wealthy individuals. - UHNIs are individuals with a net worth of Rs 1,000 crore or more, HNIs have a net worth between Rs 200 crore and Rs 1,000 crore, and the "Affluent" category includes individuals with a net worth ranging from Rs 7 crore to Rs 200 crore. 💡 Other Important Facts: (i) The total size of India's social sector funding, which includes areas like education, healthcare, and gender equality, is approximately Rs 25 lakh crore (USD 300 billion), making up 8.3% of the country’s Gross Domestic Product (GDP). (ii) Public spending contributed 95% of the total funding, amounting to Rs 23 lakh crore. Private spending increased by 7% from FY 2023 to FY 2024, reaching around Rs 1.3 lakh crore (USD 16 billion). 📚 Test Your Knowledge: Which edition of the India Philanthropy Report (IPR) was recently released by Dasra and Bain & Company? Correct Answer: 15th 🚀 Quick Recap: About Bain & Company, Inc. CEO: Christophe De Vusser Headquarters: Boston, Massachusetts, USA